UNITED STATES 
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 6-K


           REPORT OF FOREIGN ISSUER PURSUANT TO RULES 13a-16 OR 15d-16
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                          For the month of March, 2005

                            GRUPO TELEVISA, S.A.
                            --------------------
              (Translation of registrant's name into English)
                       AV. VASCO DE QUIROGA NO. 2000
                              Colonia Santa Fe,
                            MEXICO, D.F., 01210
                                   MEXICO
                            --------------------
                    (Address of principal executive offices)

     (Indicate by check mark whether the registrant files or will file
annual reports under cover Form 20-F or Form 40-F.)


             Form 20-F     X                    Form 40-F
                        -------                           -------

     (Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act
of 1934.)

             Yes                                No    X
                 -----                              -----

     (If "Yes" is marked indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-______.



[GRUPO TELEVISA LOGO]                                 PRESS RELEASE
                                                      FOR IMMEDIATE RELEASE
-------------------------------------------------------------------------------

                GRUPO TELEVISA, S.A. ANNOUNCES OFFER TO PURCHASE
                         8.00% SENIOR NOTES DUE 2011

Mexico City,  March 15, 2005 - Grupo  Televisa,  S.A.  ("Televisa"  or "the
Company"; NYSE: TV; BMV: TLEVISA CPO) today announced its offer to purchase
any and all of its U.S.$300  million  aggregate  principal  amount of 8.00%
Senior Notes due 2011.

The  tender  offer will  commence  at 9:00  a.m.,  New York City  time,  on
Tuesday,  March 15,  2005 and expire at 5:00 p.m.,  New York City time,  on
Monday,  March 21, 2005, unless extended or earlier terminated.  Holders of
notes  wishing to tender may do so at any time  between  9:00 a.m. and 5:00
p.m., New York City time, on any New York Stock Exchange trading day during
the period the tender  offer is open.  The notes will be  repurchased  only
through  Credit Suisse First Boston LLC. A tender of notes  pursuant to the
tender offer becomes  irrevocable  by the  tendering  holder at the time of
tender.  Televisa  reserves the right to  terminate,  withdraw or amend the
tender offer at any time and from time to time, subject to applicable law.

The table below  illustrates  how the  purchase  price for each  U.S.$1,000
principal  amount of notes  tendered  pursuant to the tender  offer will be
determined.  The  purchase  price for each note will be  determined  in the
manner  described in the Offer to Purchase dated March 15, 2005 (the "Offer
to  Purchase") by reference to the fixed spread of 60 basis points over the
bid side yield to  maturity  (the  "Reference  Yield")  of the 4.0%  United
States Treasury Note due March 15, 2010 (the  "Reference  Security") at the
time of tender, plus an amount equal to accrued and unpaid interest to, but
excluding  the date of purchase  and  additional  amounts  with  respect to
Mexican withholding taxes under certain circumstances.

-------------------------------------------------------------------------------
               Aggregate                   
    CUSIP      Principal                    Bloomberg             Hypothetical  
   Numbers       Amount         Reference   Reference   Fixed      Purchase    
              Outstanding       Security      Source    Spread       Price*     
-------------------------------------------------------------------------------
  P4987VAH6  U.S.$300,000,000   4.0% U.S.      BBT5       .60%   U.S.$1,174.96
  40049JAR8                     Treasury   
  40049JAQ0                     Note due   
                                March   
                                15, 2010   
-------------------------------------------------------------------------------
*The  hypothetical  purchase  price is based on the Reference  Yield of the
Reference Security as of 10:00 a.m., New York City time, on March 14, 2005,
and a  payment  date of March 17,  2005.  See  Schedule  II of the Offer to
Purchase for a detailed calculation of the hypothetical purchase price.

The terms and conditions of the offer are more fully described in the Offer
to Purchase  dated  March 15,  2005.  Credit  Suisse  First  Boston LLC and
Citigroup Global Markets Inc. are the dealer managers for the tender offer,
D.F.  King & Co.,  Inc.  is acting as  information  agent and Dexia  Banque
Internationale   a  Luxembourg  is  acting  as  Luxembourg   tender  agent.
Settlement  of the tender offer with respect to each note will occur on the
third New York Stock  Exchange  trading day following the date of tender of
the applicable  note,  unless  otherwise agreed between the Company and the
tendering holder.

Questions  concerning  the terms of the  tender  offer may be  directed  to
Credit Suisse First Boston LLC at 1-800-820-1653.  Questions concerning the
procedures  for  tendering  notes or  requests  for the  Offer to  Purchase
documents may be directed to D.F. King & Co., Inc., the information  agent,
at  1-800-269-6427  or  Dexia  Banque  Internationale  a  Luxembourg,   the
Luxembourg tender agent, at +352-4590-1.

Grupo Televisa  S.A., is the largest media company in the  Spanish-speaking
world, and a major player in the international  entertainment  business. It
has interests in television  production and  broadcasting,  programming for
pay  television,  international  distribution  of  television  programming,
direct-to-home satellite services,  publishing and publishing distribution,
cable television,  radio production and broadcasting,  professional  sports
and show business promotions, feature film production and distribution, and
the operation of a horizontal  Internet portal.  Grupo Televisa also has an
unconsolidated  equity  stake in  Univision,  the leading  Spanish-language
television company in the United States.

This news release is neither an offer to purchase nor a solicitation  of an
offer to sell the notes and does not set forth all the terms and conditions
of the tender  offer.  The  tender  offer will be made only by the Offer to
Purchase dated March 15, 2005.  Holders of notes should  carefully read the
Offer to Purchase and the accompanying materials for a complete description
of all  terms and  conditions  before  deciding  whether  to tender  notes.
Televisa does not make any  recommendation  as to whether or not any holder
should tender notes.

This  press  release  contains  forward-looking  statements  regarding  the
Company's  results and prospects.  Actual  results could differ  materially
from these statements. The forward-looking statements in this press release
should be read in  conjunction  with the factors  described in "Item 3. Key
Information - Forward-Looking Statements" in the Company's Annual Report on
Form 20-F,  which,  among  others,  could  cause  actual  results to differ
materially from those contained in forward-looking  statements made in this
press release and in oral  statements  made by  authorized  officers of the
Company.  Readers  are  cautioned  not to  place  undue  reliance  on these
forward-looking statements, which speak only as of their dates. The Company
undertakes no obligation to publicly  update or revise any  forward-looking
statements,  whether  as a result  of new  information,  future  events  or
otherwise.

                                    ###

CONTACTS:
INVESTOR RELATIONS:

    Michel Boyance / Alejandro Eguiluz
    Grupo Televisa, S.A.
    Av. Vasco de Quiroga No. 2000
    Colonia Santa Fe
    01210 Mexico, D.F.

    (5255) 5261-2000



                                 SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.


                                             GRUPO TELEVISA, S.A.
                                             -----------------------------
                                                    (Registrant)

Dated:  March 15, 2005                    By /s/ Jorge Lutteroth Echegoyen
                                             ------------------------------
                                             Name: Jorge Lutteroth Echegoyen
                                             Title: Controller, Vice-President